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African Markets Daily
African Markets Daily
52 episodes
6 days ago
Thekiso Anthony Lefifi presents a daily update of top business and financial news and market wrap from Africa.
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Business
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All content for African Markets Daily is the property of African Markets Daily and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Thekiso Anthony Lefifi presents a daily update of top business and financial news and market wrap from Africa.
Show more...
Business
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Nigeria still processing telecom firm MTN's licence renewal. Egypt's president calls for first bread price rise in decades
African Markets Daily
3 minutes 56 seconds
4 years ago
Nigeria still processing telecom firm MTN's licence renewal. Egypt's president calls for first bread price rise in decades

- Nigeria’s Communications Commission says MTN Nigeria’s application to renew its operating license for another ten years is still undergoing regulatory processing. The Nigerian Communications Commission  that reports that MTN Nigeria’s application had already been granted are incorrect.

- Egypt’s president has vowed to raise the price of government-subsidized bread. It would be the latest in a series of austerity measures taken by his administration in recent years to overhaul the country’s economy. President Abdel Fattah El-sissi offered no further details on the amount or timing of the price increase. He said the increase would help his government cover the cost of meals provided to the country’s school children. This is the first time the Egyptian government revisits the price of bread issue since 1977 when then president Anwar Sadat reversed a price increase in the face of riots. Bread is currently sold at 0.05 egyptian pounds ($0.0032)

African Markets Daily
Thekiso Anthony Lefifi presents a daily update of top business and financial news and market wrap from Africa.